He tweeted: “After seven years of “talking” Repeal & Replace, the people of our great country are still being forced to live with imploding ObamaCare!

“If a new HealthCare Bill is not approved quickly, BAILOUTS for Insurance Companies and BAILOUTS for Members of Congress will end very soon!”

In his flurry of tweets, the President of the United States appears to be threatening to deliberately destabilise the system that provides affordable health insurance to more than 10 million Americans.

Under the Affordable Care Act, the Government subsidises insurance companies who offer reduced costs for low and middle income people.

Scrapping those subsidies would likely cause insurance companies to pull out of the Obamacare marketplace altogether, sending premiums for the companies who remain skyrocketing.

He also appeared to threaten Members of Congress themselves with removing their subsidised health insurance unless he gets his way.